Atlanta Track Club Foundation Inc

Analysis

Atlanta Track Club Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Atlanta Track Club Foundation Inc reported income of $394k and spending of $634k, spending 161% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $357k to $394k (+10%), an average of +10% a year. Over the whole period it spent 164% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Atlanta Track Club Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Sartell Athletic Club Inc ($394k), Cliffside Park Hallof Fame ($394k) and Simpson Mid-Town Inc ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $343k (54% of expenses). Other salaries and wages came to $38k. At year end it held assets of $172k against liabilities of $654k, net assets of -$482k.